Connect with us

Blockchain

Gemini Now Allows Users to Earn up to 2.25% Interest on Dogecoin

Dogecoin (DOGE) becomes the 32nd cryptocurrency on Gemini Earn’s portfolio as users can earn up to 2.25% interest on it.

Published

on

The US-based cryptocurrency exchange Gemini announced it will grant its customers the opportunity to earn interest on Dogecoin. They can realize as much as 2.25% annual percentage yield (APY) on the meme coin. With this innovation, Gemini Earn now accounts for more than $2 billion in loans for its customers.

DOGE Coming to Gemini

The massive craze around the meme coin keeps its invasion and reached the US trading venue Gemini. The official website of the crypto exchange founded by the Winklevoss brothers announced to its users that they can start earning interest on DOGE with Gemini Earn.

The company revealed its custody support to the meme coin and affirmed that Gemini is the only regulated platform in the US where trading and earning interest on DOGE is allowed in all 50 states. Furthermore, Gemini’s officials opined that Dogecoin is a true successor of Bitcoin:

”We listed Dogecoin because we believe it is the people’s money and continues Bitcoin’s tradition of giving the control of money back to the people.”

The Gemini team also confirmed that clients may begin earning interest on SushiSwap (SUSHI), Injective (INJ), and Polygon (MATIC).

Gemini Earn stated that users can earn up to 7.4% APY on their crypto held on the exchange. Additionally, interest is earned and aggregated daily and customers can claim their digital assets at any time. Another main advantage of the service is that there are no minimum balances and fees to transfer into or redeem from it.


ADVERTISEMENT

Gemini Earn is accessible for every customer in the US and Singapore. With the addition of Dogecoin, there are now 32 digital assets that the service supports.

Another Innovation by Gemini

The founders of the cryptocurrency exchange – The Winklevoss twins – are well known for their support for the crypto industry and Bitcoin in particular. Their digital asset exchange is among the few regulated in the US and has made several notable partnerships as of late.

CryptoPotato reported recently that Gemini collaborated with Mastercard to launch a crypto credit card with rewards paid in the form of the primary cryptocurrency. According to the statement, the card will offer up to 3% of bitcoin cashback to users.

Many investors embraced the announcement and the waiting list quickly surged to 140,000. Gemini promised the card will come with no annual fees, combined with 24/7 live customer support, which should ”deliver a superior cardholder experience.”

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/gemini-now-allows-users-to-earn-up-to-2-25-interest-on-dogecoin/

Blockchain

The President of Tanzania Urges Central Bank to Start Exploring Bitcoin and Other Digital Assets

It has been recently revealed that the president of Tanzania wants the Central Bank of the country to start exploring Bitcoin and other digital assets.

Published

on

Table of Contents

Rate this post

It has been recently revealed that the President of Tanzania Samia Sukuhu Hassan wants the Central Bank of the country to start exploring Bitcoin and other digital assets. With this, it can be assured that Tanzania is appearing to be the latest emerging economy poised to embrace Bitcoin and other crypto assets.

President Samia Sukuhu Hassan Urges Central Bank to Get Ready for Bitcoin

The Tanzanian President Samia Suluhu Hassan has recently urged the Central Bank of the country on June 14, 2021, to start exploring adapting to cryptocurrency assets and Bitcoin.

She laid an emphasis on the growing impact of these crypto-assets on global finance and stated:

“We have witnessed the emergence of a new journey through the internet.”

In addition to this, she highlighted the lack of crypto acceptance and development in the East African region and said:

“Throughout the region, including Tanzania, they have not accepted or started using these routes. My call to the Central Bank is that you should start working on that development. The Central Bank should be ready for the changes and not be caught unprepared.”

South Africa Also Planning to Regulate Digital Assets Trading

As it has been recently revealed, South Africa has laid the foundation for finance watchdogs to set crypto-asset controls, as the country is looking forward to restraint surging cases of fraud and improve the management of cross-border flows.

The Intergovernmental Fintech Working Group of the nation said:

“Crypto-assets will be brought into the South African regulatory purview in a phased and structured manner. It is, however, reiterated that with or without regulation, crypto-assets remain inherently risky and volatile.”

In addition to this, the IFWG stated:

“The dynamic development of the crypto market must continue to be pro-actively monitored, including maintaining knowledge on emerging international best practices through standard-setting bodies.” 

READ  Bitcoin and Ethereum Indexes Launched by the S&P Dow Jones Indices

#Bitcoin #Digital Assets #Samia Sukuhu Hassan #South Africa #Tanzania

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/the-president-of-tanzania-urges-central-bank-to-start-exploring-bitcoin-and-other-digital-assets

Continue Reading

Blockchain

The President of Tanzania Urges Central Bank to Start Exploring Bitcoin and Other Digital Assets

It has been recently revealed that the president of Tanzania wants the Central Bank of the country to start exploring Bitcoin and other digital assets.

Published

on

Table of Contents

Rate this post

It has been recently revealed that the President of Tanzania Samia Sukuhu Hassan wants the Central Bank of the country to start exploring Bitcoin and other digital assets. With this, it can be assured that Tanzania is appearing to be the latest emerging economy poised to embrace Bitcoin and other crypto assets.

President Samia Sukuhu Hassan Urges Central Bank to Get Ready for Bitcoin

The Tanzanian President Samia Suluhu Hassan has recently urged the Central Bank of the country on June 14, 2021, to start exploring adapting to cryptocurrency assets and Bitcoin.

She laid an emphasis on the growing impact of these crypto-assets on global finance and stated:

“We have witnessed the emergence of a new journey through the internet.”

In addition to this, she highlighted the lack of crypto acceptance and development in the East African region and said:

“Throughout the region, including Tanzania, they have not accepted or started using these routes. My call to the Central Bank is that you should start working on that development. The Central Bank should be ready for the changes and not be caught unprepared.”

South Africa Also Planning to Regulate Digital Assets Trading

As it has been recently revealed, South Africa has laid the foundation for finance watchdogs to set crypto-asset controls, as the country is looking forward to restraint surging cases of fraud and improve the management of cross-border flows.

The Intergovernmental Fintech Working Group of the nation said:

“Crypto-assets will be brought into the South African regulatory purview in a phased and structured manner. It is, however, reiterated that with or without regulation, crypto-assets remain inherently risky and volatile.”

In addition to this, the IFWG stated:

“The dynamic development of the crypto market must continue to be pro-actively monitored, including maintaining knowledge on emerging international best practices through standard-setting bodies.” 

READ  SandBox Price Prediction 2021-2025: SAND Token Can Hit $1 by 2025

#Bitcoin #Digital Assets #Samia Sukuhu Hassan #South Africa #Tanzania

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/the-president-of-tanzania-urges-central-bank-to-start-exploring-bitcoin-and-other-digital-assets

Continue Reading

Blockchain

The President of Tanzania Urges Central Bank to Start Exploring Bitcoin and Other Digital Assets

It has been recently revealed that the president of Tanzania wants the Central Bank of the country to start exploring Bitcoin and other digital assets.

Published

on

Table of Contents

Rate this post

It has been recently revealed that the President of Tanzania Samia Sukuhu Hassan wants the Central Bank of the country to start exploring Bitcoin and other digital assets. With this, it can be assured that Tanzania is appearing to be the latest emerging economy poised to embrace Bitcoin and other crypto assets.

President Samia Sukuhu Hassan Urges Central Bank to Get Ready for Bitcoin

The Tanzanian President Samia Suluhu Hassan has recently urged the Central Bank of the country on June 14, 2021, to start exploring adapting to cryptocurrency assets and Bitcoin.

She laid an emphasis on the growing impact of these crypto-assets on global finance and stated:

“We have witnessed the emergence of a new journey through the internet.”

In addition to this, she highlighted the lack of crypto acceptance and development in the East African region and said:

“Throughout the region, including Tanzania, they have not accepted or started using these routes. My call to the Central Bank is that you should start working on that development. The Central Bank should be ready for the changes and not be caught unprepared.”

South Africa Also Planning to Regulate Digital Assets Trading

As it has been recently revealed, South Africa has laid the foundation for finance watchdogs to set crypto-asset controls, as the country is looking forward to restraint surging cases of fraud and improve the management of cross-border flows.

The Intergovernmental Fintech Working Group of the nation said:

“Crypto-assets will be brought into the South African regulatory purview in a phased and structured manner. It is, however, reiterated that with or without regulation, crypto-assets remain inherently risky and volatile.”

In addition to this, the IFWG stated:

“The dynamic development of the crypto market must continue to be pro-actively monitored, including maintaining knowledge on emerging international best practices through standard-setting bodies.” 

READ  Bitcoin May Lose Its Struggle to be Adopted as the World’s Reserve Currency

#Bitcoin #Digital Assets #Samia Sukuhu Hassan #South Africa #Tanzania

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/the-president-of-tanzania-urges-central-bank-to-start-exploring-bitcoin-and-other-digital-assets

Continue Reading

Blockchain

MATIC, DOGE & ADA Price Jumps High, Is this A Bull Run Or A Fake Breakout!

crypto price today

The post MATIC, DOGE & ADA Price Jumps High, Is this A Bull Run Or A Fake Breakout! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Polygon(MATIC) Price Jumps More Than 12% Polygon price in recent times adopted a silent trend and steep plunges. However, it sustained above $1 levels, showcasing a huge tendency to jump towards the lost positions above $2. However, the recovery path may not be much easier, yet a steady rally may accomplish the mission soon. The …

Published

on

Polygon(MATIC) Price Jumps More Than 12%

Polygon price in recent times adopted a silent trend and steep plunges. However, it sustained above $1 levels, showcasing a huge tendency to jump towards the lost positions above $2. However, the recovery path may not be much easier, yet a steady rally may accomplish the mission soon.

Advertisement header-banner-ad
matic chart

The price bounced above the strong trend line and climbed high above $1.5. The currency appears to have inculcated a strong bullish momentum and hence regain the lost positions is imminent. 

At the time of writing, the MATIC price is $1.53 with a massive jump of 11.64% since the previous trading day. The price after the mammoth recovery from the mid-may crash was expected to smash levels above ATH. Woefully, the price slides towards the north rejecting the bullish trend. 

Technical Specifications

  • The resistance levels are at $1.875
  • The support levels are at $1.32
  • The indicators point out at a buy signal

Also Read: Polygon Rise to the Top, Is $3 on Cards For MATIC Price?

Dogecoin Price Gaining Bullish Momentum

Dogecoin price since Elon Musk’s SNL snub incorporated a narrow trend and hardly surged above $0.34. Each time it attempts hard to rise above $0.35, a notable drain drags the price below $0.326 regions. 

However, the recent plunge slashed the price below $0.3 levels, however, a remarkable retrace uplifted the price above $0.32 levels. The jump in the trading volume with more of the green candles called out for a healthy rally. 

doge chart

The constant surge from the past couple of days helped the asset to build some bullish momentum. And therefore, an uptrend appeared to be on the cards where-in the targets were set a little far from the current levels around $0.3282.

Technical Specifications

  • The resistance levels are at $0.3487
  • The support levels are at $0.3063
  • The indicators point out towards a sell signal

Also Read: The Last Buy At The Dip For Dogecoin Price, Pile Up Before It Propels

Cardano Price Poised To Hit New Highs Soon

Cardano price despite a steep market plunge sustained above $1.3 levels and showcased a form of stability. However, it also experienced a drain but failed to revisit the lower levels as the volume remained considerably high. 

ada chart

The price in the hourly chart has formed a tiny bullish flag where-in an uptrend may be following shortly. Interestingly, the RSI levels also touched the upper and the lower levels but maintained within the average zone.

The steady trading volume signifies the maintained user’s interest within the Cardano ecosystem that helped to stabilize the price to some extent. At the press time, the ADA price is $1.56 with a jump of 5.06% very close to recovering the previous week’s losses.

Technical Specifications

  • The resistance levels are at $1.7
  • The support levels are at $1.48
  • The technical indicators are currently neutral

Also Read: Cardano Price Poised to Hit $3 By July End! Here are the Crucial Support levels

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://coinpedia.org/price-analysis/matic-doge-ada-price-swell-high/

Continue Reading
Big Data18 mins ago

Top Stories, Jun 7-13: 5 Tasks To Automate With Python; Five types of thinking for a high performing data scientist

AR/VR29 mins ago

Peek Into Song in the Smoke’s Creation With This Behind the Scenes Documentary

Esports1 hour ago

How Mythic items have completely changed the scope of League

Private Equity1 hour ago

Chinese CCP-mouthpiece paid US newspapers $19 mn in ads, printing; including WAPO & WSJ

AR/VR1 hour ago

Major ‘Waltz of the Wizard: Natural Magic’ Expansion Will Launch on July 6th

Gaming2 hours ago

Stranger of Paradise Final Fantasy Origin Trial is Broken, Square Enix Working to Resolve

Gaming2 hours ago

Stranger of Paradise Final Fantasy Origin Trial is Broken, Square Enix Working to Resolve

Gaming2 hours ago

Stranger of Paradise Final Fantasy Origin Trial is Broken, Square Enix Working to Resolve

Esports2 hours ago

How to complete FOF Nation Player Giménez SBC in FIFA 21 Ultimate Team

Esports2 hours ago

How to complete FOF Nation Player Giménez SBC in FIFA 21 Ultimate Team

Esports2 hours ago

Riot dev confirms VALORANT Episode 3 won’t have a ‘hard reset’ but a ‘harsh’ one that squishes ranks

Esports2 hours ago

Riot dev confirms VALORANT Episode 3 won’t have a ‘hard reset’ but a ‘harsh’ one that squishes ranks

Esports2 hours ago

Pokémon Home maintenance scheduled for June 16

Esports2 hours ago

Pokémon Home maintenance scheduled for June 16

Gaming2 hours ago

Starfield is “Very Big”, Developed to be Played for a “Long Time” – Todd Howard

Gaming2 hours ago

Starfield is “Very Big”, Developed to be Played for a “Long Time” – Todd Howard

Gaming2 hours ago

Starfield is “Very Big”, Developed to be Played for a “Long Time” – Todd Howard

Gaming2 hours ago

Coromon’s New Trailer Details Its Combat, Story, & Much More

Gaming2 hours ago

Coromon’s New Trailer Details Its Combat, Story, & Much More

Gaming2 hours ago

Coromon’s New Trailer Details Its Combat, Story, & Much More

Esports2 hours ago

How to watch BLAST Premier Spring Final

Esports2 hours ago

How to watch BLAST Premier Spring Final

Private Equity2 hours ago

South Dakota energy jobs negatively impacted again for the 2nd x in 6 months as a wind turbine plant shuts its doors

Private Equity2 hours ago

South Dakota energy jobs negatively impacted again for the 2nd x in 6 months as a wind turbine plant shuts its doors

Esports2 hours ago

Godfall Fire and Darkness DLC Coming on August 10

Esports2 hours ago

5 Things We Want in League of Legends Patch 11.13

Gaming2 hours ago

Microsoft Flight Simulator DC-6 by PMDG Gets Plenty of Gorgeous Screenshots

Gaming2 hours ago

Microsoft Flight Simulator DC-6 by PMDG Gets Plenty of Gorgeous Screenshots

Gaming2 hours ago

Microsoft Flight Simulator DC-6 by PMDG Gets Plenty of Gorgeous Screenshots

Gaming2 hours ago

Roguelite Dreamscaper Releases on Nintendo Switch in August

Trending